Canopus Software Laboratory - macrobank/macrobank4 core banking
Overview:
Canopus Ltd was established in 1992, and has become a software and IT services provider to global financial industry. This Russian business has years of experience in automating business processes of single and multi-branch resident and offshore banks.
The company's Macrobank core banking solutions are made up of sub-systems and modules that can be mixed in any logical combination and easily customised to meet the precise requirements of a client. Macrobank is parameter-driven to meet local regulatory and reporting requirements, and customer-centric to aid in retaining existing customers and attracting more business at lower costs.
Canopus Ltd also provides specialised application software for corporate treasuries, credit unions, remittance, payment processing companies and online bureaux de change.
Product: macrobank4 core banking
Macrobank technology is an innovative and reliable financial software platform designed to build bespoke solutions for banks, financial institutions and corporate treasuries. Macrobank-based products support a wide range of functionality in accounting, customer management, product definition and processing, compliance and reporting and in other essential aspects of banking and financial business.
Macrobank was initially created to cater for the business requirements of small retail banks, and has developed since as a solution for small-to-meduim sized retail and private banks. Numerous functionality enhancements have been added to improve on its operating capability and efficiency.
All Macrobank-based solutions are real time, multi-currency, multi-lingual and support multiple delivery channels (multiple branches, internet banking, SMS banking). Macrobank's core banking solution manages both front and back-office of the financial institution and interacts with Internet banking.
The core system is made up of 3 sub-systems: multi-currency accounting, workflow engine and system administration. The accounting sub-system comprises a user defined chart of accounts, general ledger, budgeting, customer records, correspondent banking and reconciliation facilities, charges and commissions (integrated with workflow engine), transactions and reporting modules.
Macrobank-based solutions come in pre-set standard packages for customers with tight implementation timetables (like a 'model bank'). Standard packages may contain any logical combination of available components to cater for the clients' specific needs without programming intervention.
The main software subsystems and modules are:
Multi-currency accounting (core banking)
Multi-currency accounting is the core of macrobank4 software system. This subsystem is designed to keep records of all customer transactions and transfers between accounts in different currencies in real time.
Interbank Communications
The subsystem is designed to exchange messages with correspondent banks and remote clients through electronic payment systems such as SWIFT, Telex, etc.
Consolidated report generator
This subsystem is designed to generate reports essential for running the bank and for audit. Adjustable templates and editing module built in the form of an electronic table allow correcting any report whether simple or complex.
Interest calculation and payment
This subsystem is designed to calculate interest rates and bank fees in real time. It allows the user to automate calculation of interest rates and fees for all major banking services such as loans/deposits, overdrafts, payments, currency exchange, cash management, etc.
Workflow manager
Workflow manager is the most high-tech subsystem of MacroBank software. This subsystem is designed to automate all information flows of the bank from simple internal transfers to complex credit and foreign exchange transactions.
Fixed and intangible assets accounting
This accounting subsystem is designed to keep records of fixed and intangible assets of the bank, calculate amortization and depreciation in various conditions and reflect the results in general ledger by generating relevant entries.
Securities deals accounting
This subsystem is designed to keep records of securities transactions conducted by the bank. It enables the bank to record transactions with any type of securities.
Client-Bank
Client-bank is an e-mail-enabled account management system allowing bank customers to manage their accounts remotely. This subsystem is based on both Internet and Intranet technologies and ensures high-level reliability and security of transmitted information.
Internet Banking
This subsystem allows bank customers to manage their accounts through the Internet in real time. With Internet-banking solution, bank customers do not need to download and install any client applications to their PCs.
Loans and deposits
Loans and deposits subsystem is designed to automate the whole range of loan and deposit services. This subsystem allows the bank to provide wholesale and retail loan and deposit services on any terms.
(also CRM, AML, Budgeting, Card Management)
(for more information see Canopus)
Platform: Microsoft Windows
Database: MS SQL Server 2000/2005
Supported Server Operating Systems: Windows 2003 Server
Supported Client Operating Systems: any Windows Client
Clients:
Barrington Bank, Antigua (www.barrington.ag)
Griffon Bank, Dominica (ww.griffonbank.com)
Merit Bank, Russia
National Mutual Credit Bank, Russia
Maxima Bank, Russia
Regional Investment Bank, Russia
Moszhilstroybank, Russia
Central Commercial Bank, Russia
Energosberbank, Russia
Troyka Bank, Russia
Over 50 customers in the Caribbean, Hong Kong, Latvia, Lithuania, Russia, Switzerland and the United Kingdom.
Contact:
Russia
Canopus Software Laboratory Ltd
18, Kazakova street, Moscow, Russia
Phone numbers:
+7 (495) 982-51-06
+7 (495) 982-51-07
+7 (495) 956–34–68
UK representative
Tel: + 44 (0) 1223 870361
Mobile: +44 (0) 7867 520722
Lithuania
Baltichostas, Laisves pr. 60-412, Vilnius, Lithuania
Tel/fax: +370 (5) 242-97-79
Website: www.macrobank4.com
eMail: info@macrobank4.com
